IVZ 2.67% 7.7¢ invictus energy ltd

Ann: Trading Halt, page-229

  1. 16,357 Posts.
    lightbulb Created with Sketch. 3858
    FWIW I have railed against shite CR's in the past but anyone with half a brain knew as soon as they announced a side track the budget was blown.
    My biggest gripe is SM crappping on about alternative funding....which I didn't buy but I also though he wouldn't be stupid enough to say it if there was no basis to alternate funding.
    I'll reserve my judgement.....maybe the 25 million is to show X lender/investor that we can raise cash when required?
    Maybe this is the first step in the alternative funding stream?
    Maybe too optimistic but maybe??
    Anyways I'm seeing it as a real buying opportunity given what we now know about Mukuyu.
    Whilst Im at it I think our net pay will be up graded big time once info comes back and like others here I suspect more condensate than has been hinted at.
 
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